Assisted-living project secures $8.6 million construction loan

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Greystone has provided a $8.6 million HUD-insured construction loan for the expansion of Bristol Village, an assisted living facility in Clarence Center, New York.

The $8.60 million construction loan will be used to add 32 assisted living beds, a total addition of 23,000 sq. ft., including the expansion of the property’s existing community spaces.

Constructed in 2003, Bristol Village is a single story assisted living facility comprising 110 beds with 84 units on 20 landscaped acres just outside of Buffalo.

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